7 Forest Hill Road, Bancroft

$535,000
7 Forest Hill Road

$535,000

New
38d
DetachedBungalow-Raised

7 Forest Hill Road, Bancroft

Total Monthly Obligation $2,808

Beds
5
Baths
2
Park
5
Sqft
2000-2500
DOM
38d
Yield
5.2%
Cash on Cash
-2.2%
Cap Rate
4.1%
5Y IRR
13.8%
10Y IRR
13.2%
Property Type-Detached
MLS® Number-X13788498
Beds-5
Bathrooms-2
Size-2000-2500 sqft
Lot Size-400 × 115 ft
Listed on site-Sep 15, 2026
Style-Bungalow-Raised
Building Type-Detached
Age-51-99
Taxes-$3,301.39 (2026)
Parking-5 - None
Basement-Apartment, Separate Entrance, Walk-Up
Heating-Forced Air (Propane)
Brokerage-Reva Realty Inc.
Cooling-Central Air
Laundry-No
Fireplace-Fireplace Insert, Propane, Wood Stove
Pool-None
Facing-South
Exterior-Brick, Other
Roof-Fibreglass Shingle
Foundation-Block
Sewer-Sewer
Possession-Negotiable
Neighbourhood-Bancroft Ward
Title-Residential Freehold

No agent assigned

7 Forest Hill Road, Bancroft - This private, well treed property is situated on a generous 0.94 acre lot shaded by mature oak and maple trees, offering garden and forest views just a short walk to the park and downtown Bancroft. The exceptionally well maintained home offers over 2000 square feet of living space with two kitchens, five bedrooms and two bathrooms across both levels, making it an excellent option for multi-generational living, adult children, guests or those needing extra space. The main level features three bedrooms, hardwood flooring, a new kitchen (2022) with all new (2022) appliances. Cozy up to the wood burning fieldstone fireplace in the open living / dining room. The lower level offers a suite with two additional bedrooms, a full bath, a kitchenette with dining and a living space with a propane stove for heat and ambiance. An access road at the rear of the property adds further appeal, offering potential for severance or space to build a garage. Check out the virtual tour and the list of (extensive) updates! You are going to want to call this one "home".

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Closing Costs

Mortgage Amount
$428,000
Land Transfer Taxes$7,175
Legal Fees (Est.)
$
Total cash required for closing$115,675

Total Monthly Obligation

$2,808/mo
Mortgage $2,158
Monthly Loss $2,240
Principal$568
Interest$1,590
Property Tax$275
Home Insurance$125
Variable Costs$250

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 7 Forest Hill Road

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